The power law states that the most valuable investment…

The power law states that the most valuable investment in any given portfolio will generate the majority of the returns for that portfolio. So, it's almost the opposite of Ray's investing strategy. I would not recommend this for the average investor. This is not a good way to construct a portfolio for the average investor. This is one asset class within what would be a balanced portfolio.

— from The Flight Plan (Purpose/Wisdom/Risk) · Holy Grail of Investing: The World's Greatest Investors Reveal Their Ultimate Strategies f

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